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Phil Guarnieri

CEO, Empire State Bank

Philip Guarnieri is the Chief Executive Officer of ES Bancshares, Inc., and Empire State Bank. In 2004, he was instrumental in the organization and the chartering of Empire State Bank, a bank providing commercial banking products and services to the communities in the Tri-State area. Through Phil’s oversight and strategic planning, this start-up bank has grown to over $535 million in assets and has become a banking leader in the small business community. 

With more than 40 years of banking experience, Phil’s distinguished banking career began at Hamilton Federal Savings FA as a customer service representative and as a teller. Phil’s dedication and professionalism quickly earned him promotions; he went on to hold positions such as Assistant Branch Manager, Assistant Vice President/Mortgage Officer, Vice President, and Branch Administrator during his 21-year tenure. After leaving Hamilton Federal Savings, Phil went on to serve as Vice President /Loan Origination at Home Federal Savings Bank and as Senior Vice President/Chief Lending Officer with The Yonkers SLA, FA. From 2002-2004, Phil then served as President /COO of Atlantic States Mortgage Corp. and was responsible for all facets of mortgage banking. 

As an active member of the community, Phil is currently a director of the Empire State Bank Foundation, an Executive Director and Treasurer of the Staten Island Economic Development Corporation, Director of the Staten Island Chamber of Commerce Foundation, Director of the Brooklyn Chamber of Commerce, a Board Member of the Federation of Italian American Organizations, a Board Member and Treasurer of the Asian Real Estate Association of America Brooklyn Chapter, Director of A Chance In Life,  Director of the New Dorp BID, Director of the Victory Boulevard Merchants Association, Vice Chair of the Diversity, Equity and Inclusion Committee of Pattern for Progress, and the Financial Advisory Board Member of the Dominican Sisters of Hope. He received his B.A. in Banking and Finance from Hunter College before completing a continuing education program on Real Estate and Commercial Bank Lending at New York University.